Search
FTX says creditors supported reorganization plan with a 95% vote
22.8.2024
FTX chief restructuring officer and CEO John Ray III said the plan promises 100% return plus interest for non-governmental creditors
Celsius Files Plan for Creditor Payment via Hyperwallet
19.8.2024
Celsius Network has disclosed that it intends to pay creditors through PayPal’s Hyperwallet. The move comes after the…
Here’s what happened in crypto today
8.8.2024
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation
Bitstamp Initiates Bitcoin Repayments to Mt. Gox Creditor
25.7.2024
Bitstamp Crypto Exchange has begun repaying Bitcoin to the Mt. Gox creditors. This development marks an end to over ten years of waiting since one of the largest crypto exchange hacks in history. Bitcoin Reparations Begin On July 25, Bitstamp announced it had received from the trustee all the funds...
Bitstamp starts Mt. Gox creditor repayments
25.7.2024
The announcement comes three days after the Mt. Gox Trustee executed the first test transactions on Bitstamp exchange
Bitstamp will begin Mt. Gox creditor repayments on July 25
24.7.2024
After a decade of waiting, Mt. Gox customers will find their crypto assets worth much more than when the exchange collapsed
Bitstamp will begin Mt. Gox creditor repayments on July 25
24.7.2024
After a decade of waiting, Mt. Gox customers will find their crypto assets worth much more than when the exchange collapsed
Mt. Gox shifts $2.5B in Bitcoin to unknown wallet, repayments top 40%
24.7.2024
Mt. Gox transferred 37,477 BTC to a new wallet, while data shows that 40% of creditor repayments have now been distributed
FTX and CFTC agree to $12.7B settlement, subject to court approval
17.7.2024
The US commodities regulator didn’t seek a civil monetary penalty, meaning the entire $12.7 billion would be used to pay back FTX’s creditors
FTX and CFTC agree to $12.7B settlement, subject to court approval
17.7.2024
The US commodities regulator didn’t seek a civil monetary penalty, meaning the entire $12.7 billion would be used to pay back FTX’s creditors
Mt Gox Funds Arrive at Kraken: Bitcoin and Bitcoin Cash Distributions Expected Soon
16.7.2024
According to a recent update from Kraken, the centralized cryptocurrency exchange has received funds from the Mt Gox trustee. Consequently, bitcoin (BTC) and bitcoin cash (BCH) payouts will be distributed to creditors’ accounts within 7 to 14 days. Kraken Confirms Receipt of Mt Gox Funds...
FTX Seeks Creditor Votes as Customers Object Repayment Plan
25.6.2024
Controversy and FTX, the defunct cryptocurrency exchange, have become two sides of the same coin since the course of its infamous bankruptcy claim. FTX is back in the headlines due to creditors’ dissension over the repayment plan set up by the exchange. According to a Reuters report, FTX...
Galaxy Digital’s Alex Thorn: Mt Gox Bitcoin Distributions Unlikely to Disrupt Market
25.6.2024
After a decade-long wait, creditors of the defunct Mt Gox exchange are set to receive in-kind distributions of bitcoin and bitcoin cash starting in July. The head of research from Galaxy Digital predicts the market impact of these distributions will be less severe than anticipated. Long-Term...
Mt Gox to Start Distributing $9 Billion in Bitcoin to Creditors in July After Decade-Long Wait
24.6.2024
On Monday, June 24, 2024, the Mt Gox bankruptcy trustee declared that reimbursements are slated to commence at the start of July. The trustee explained that disbursements will be made in bitcoin and bitcoin cash and sent to designated exchanges. After Ten Years, Mt Gox Trustee Announces July Start...
Mt. Gox moves $9.6B worth of Bitcoin. Are creditors now being repaid?
28.5.2024
The transfer represents the first significant on-chain movement from Mt. Gox-related wallets in the past five years, ahead of the October 2024 repayment deadline
Mt. Gox-labeled wallets move billions in Bitcoin amid hopes of payback
28.5.2024
Billions in Bitcoin reportedly belonging to collapsed crypto exchange Mt. Gox has moved to an unknown wallet
Binance affiliate Gopax sold Genesis creditor claims at steep discount: Report
27.5.2024
The Gopax exchange reportedly owes 100 billion Korean won in unreturned user staking deposits
Genesis Global secures court approval for $3B payout
18.5.2024
According to Judge Lane, any available funds for distribution by Genesis are being exhausted by creditor claims, which take priority over DCG’s equity stake
FTX repayments could create ‘bullish overhang’ for crypto markets — K33 Research
16.5.2024
“Not all creditor repayments are bearish,” said K33’s analysts, noting FTX's cash payouts versus the crypto repayments from Gemini and Mt. Gox
FTX plans full pay back all creditors ‘plus billions in compensation’
8.5.2024
Under the plan, 98% of FTX creditors will get at least 118% of their claims back — the remainder will receive all of their claims “plus billions in compensation,” says FTX